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Representative image Contracts to buy U.S. previously owned homes rose unexpectedly in October, notching a third straight month of increases, despite high mortgage rates and as inventory of properties for sale continued to build and a healthy job market fortifies the finances of prospective buyers. The National Association of Realtors (NAR) said on Wednesday its …

Pending home sales in USA rise 2% in October 2024, – Homevior Read More »

Representative image BENGALURU: BBMP recently wrote to telecom operators, urging them to pay property tax dues by utilising One Time Settlement (OTS) scheme, which is ending on Nov 30, to avoid paying extra penalty and interest. According to BBMP sources, there are nearly 10,000 telecom towers in the city and property tax towards many of …

BBMP Demands Telecom Operators Pay Over Rs 100 Crore in Pending Property Taxes by November 30, – Homevior Read More »

Representative image RAJKOT: A ceramics company in Morbi was allegedly defrauded of Rs 2.38 crore by an Abu Dhabi importer and its Chennai-based shipping agent. The alleged conspirators imported tiles at Dubai port in Aug 2023, altered the shipper’s details in the bill and thus enabled the cargo to be released without the payment being …

Ceramics Company Loses 2.38 Crore in Fraud Scheme Involving Abu Dhabi Importer and Chennai Shipping Agent, – Homevior Read More »

Representative image NEW DELHI: The MCD has informed the National Green Tribunal that a fine of Rs 95.35 lakh was imposed on violators for illegally dumping construction and demolition debris in October. The NGT sought regular replies from the authorities concerned with steps preventing air pollution in the national capital. In its status report dated …

MCD imposes Rs 95.35 lakh fine for illegal dumping C&D waste in October 2024, – Homevior Read More »

File photo MUMBAI: Bombay High Court on Monday said granting deemed conveyance to a housing society does not bar the civic body from taking action against the unauthorised structure, but it would enable the society to pursue its rights to seek regularisation. Bandra’s ALJ Residency Cooperative Housing Society (CHS) Ltd petitioned the high court in …

Flat buyers cannot be put at a disadvantage over builder’s default: Bombay HC, – Homevior Read More »

Representative image LUDHIANA: The much awaited state govt notification giving relief to people who own plots of up to 500 square yards in unauthorised colonies has reached Greater Ludhiana Area Development Authority (Glada) and MC. The government has given 90 days to get the plots registered without NoC. However, it is not clear if owners …

Confusion Surrounds NoC Requirement for Plot Registration in Ludhiana, – Homevior Read More »

Representative image NEW DELHI: India’s residential real estate market could see an increase in affordability shift, driven by anticipated interest rate cuts by the Reserve Bank of India (RBI), a report by JLL said. A cumulative 50 basis point (bps) rate cut decision over time will bring relief to homebuyers, reversing the affordability challenges caused …

Rate cuts likely to boost home affordability over next 12 months: Report, – Homevior Read More »

Reprsentative image GURUGRAM: Zonal taxation officers have now been authorised by MCG for correcting inaccurate property tax assessments involving discrepancies up to Rs 1 lakh. Earlier, only joint commissioners and additional commissioners could address the discrepancies. “This delegation of authority means residents no longer need to pursue corrections through joint commissioners and additional commissioners, which …

MCG Streamlines Property Tax Corrections by Empowering Zonal Officers, – Homevior Read More »

Representative image NEW DELHI: Capital markets regulator Sebi will auction 17 properties of KBCL India Ltd on December 23 to recover money illegally collected from investors. The regulator has initiated the process for the sale of assets after KBCL India Ltd, its directors Rakesh Kumar, Vishvnath Pratap Singh and Shashi Kant Mishra failed to refund …

Sebi to auction 17 properties of KBCL India on December 23, , – Homevior Read More »

File photo NEW DELHI: Amid concerns over high pollution levels in the national capital, Union Minister Piyush Goyal on Monday asked real estate developers to adopt environment-friendly construction techniques and suggested CREDAI to set up a team to study the adverse impact of construction activities on air quality of 20 major cities. Addressing realtors’ apex …

Commerce minister urges builders to adopt environment-friendly construction techniques, – Homevior Read More »